Bixby, Bixby Knolls, Los Cerritos (6) Homes with Residential Income Property Type

Welcome to the vibrant neighborhoods of Bixby, Bixby Knolls, and Los Cerritos, nestled in the heart of Long Beach, California. These charming communities are known for their rich history, tree-lined streets, and a delightful blend of residential and commercial spaces that create a unique sense of place.

Bixby Knolls, in particular, is celebrated for its mid-century architecture and community spirit. The area boasts a variety of homes, many of which come with residential income property options, making it an attractive choice for both homeowners and investors alike. Imagine living in a beautifully restored bungalow while generating income from a separate unit on the property—it's a dream come true for those looking to maximize their investment.

Just a stone's throw away, Los Cerritos offers a tranquil suburban feel with well-maintained parks and excellent schools, making it ideal for families. The neighborhood's diverse housing options cater to various lifestyles, from cozy single-family homes to multi-unit residences that provide lucrative rental opportunities.

Bixby, with its historic charm and close-knit community vibe, invites you to explore its local boutiques, trendy cafes, and vibrant art scene. The area's commitment to preserving its heritage while embracing modern living creates an inviting atmosphere for all.

Whether you're seeking a serene family home or a savvy investment property, Bixby, Bixby Knolls, and Los Cerritos stand out as exceptional choices in Long Beach. Come experience the warmth and allure of these neighborhoods, where your dream home awaits!

Newest Bixby, Bixby Knolls, Los Cerritos (6) Homes with Residential Income Property Type

$2,495,000

TR26228020 MLS ⋅ Active Status

This two unit property is in the Cerritos area of Long Beach. Both units were recently remodeled. Front house has 3 bedrooms, 3 baths and the back unit over the garage has 1 bedroom and 1 bath in a total of 3,312 sq. ft. The front house has a beautiful front door plus the living room has two sliding doors that lead to the front or side. The living room accent is the attractive wood burning fireplace with a mantle. Recessed lighting and upgraded flooring are throughout. There is a separate dining room that leads to the eat-in kitchen. There are stainless appliances, a pantry and an island. All 3 bedrooms are upstairs with two main bedrooms included. One has a sliding door to the front patio the other main bedroom has a patio that leads down to the back yard. The second main bedroom has a huge custom closet with a window. Stairs lead up to the back unit that has also been upgraded. Many features including ceiling fans and patios for your enjoyment.

4057 Pine, Long Beach

$1,425,000

4 Beds ⋅ 4 Baths ⋅ 26996393 MLS ⋅ Active Status

Located in Long Beach's highly desired Los Cerritos/Virginia Country Club neighborhood- a single story Clifton Jones Jr. designed garden duplex. Known as Cerritos Circle, the architect's distinguished tract of mid-century modernist post and beam duplexes were developed in the early 1960s on land that once served as pasture and training facilities for the family's thoroughbred racehorses. The designs were clearly influenced by the architect's studies at the USC School of Architecture and the formative Case Study house program. This particular unit was photographed by the legendary Los Angeles architectural photographer Julius Shulman in 1963. With expansive open plan layouts and lofty 10' high ceilings- the side by side 2 BD / 2 BA units feel more like custom single family residences. Monumental floor to ceiling sliding doors and glass walls face both an entry courtyard in the front and separate fenced patio/garden area at the back, creating a seamless connection between interior living area and private outdoor spaces. Its east facing living/dining area and back patio + yard are bathed in morning light, with the west facing courtyard and family room sunlit in the afternoon. An open plan kitchen workspace is at each home's center, with adjacent stackable laundry. Bedrooms feature spacious closets and each has its own en-suite bath. Both units include a 2 car carport and secured storage areas flanking each side of the covered parking. Well situated in an area known for its tree lined streets, historic homes, excellent school district, adjacent Dominguez Gap Wetlands, and an incredibly quiet, peaceful atmosphere. A vast array of options for shopping, restaurants, and breweries are all in close proximity (Sushi Nikkei, Nonna Mercato, Sala, Ambitious Ales, Salud, Taboon, & many more). Centrally located with easy freeway access for commutes to both Los Angeles and Orange County, and less than 1.5 miles from a metro station.

4175 Del Mar Avenue, Long Beach

$2,900,000

PW26208894 MLS ⋅ Active Status

We are pleased to present 4126 Elm Ave, an 8 unit condo-quality trophy investment opportunity in Long Beach's Bixby Knolls. Built in 1977, the two-story building sits just two blocks off of the Atlantic Avenue corridor and just a few miles from the ocean and Downtown Long Beach. The 9,761 SF building sits on a 10,755 SF lot with an unusually large unit mix: three 1+1 units, four 2+2 units and one 3+2.5 owner’s unit, with the average SF of each unit being roughly 1,220 SF. Each unit has its own fireplace, heating and air conditioning, patio or balcony and garage parking, which is currently provided at no charge, providing immediate additional upside for a new buyer. Current rents average $2,256 against market rents of $3,008 — about 33% of upside — taking the property from a 4.61% cap rate to 7.47% pro forma. Bixby Knolls is a Walk Score 84 neighborhood anchored by the Atlantic Avenue corridor, SteelCraft Long Beach and the Expo Arts Center, with the 405 a mile south and Long Beach Airport under four miles away.

4126 Elm Ave, Long Beach

$1,149,000

PW26203773 MLS ⋅ Active Under Contract Status

Welcome to this beautifully updated bungalow tucked into one of Bixby’s desirable neighborhoods. With its slate gray exterior, black trim, lush low water landscaping and clean architectural lines, this home has a fresh, modern feel while retaining all the warmth and character of a classic bungalow. Inside, rich walnut toned hardwood floors set the stage for a thoughtfully designed interior, complemented by new Andersen windows throughout. The living room features a striking slate fireplace with wood mantel, recessed lighting, dimmers throughout and stylish black and gold fixtures. The fully remodeled kitchen is a standout, featuring white shaker cabinetry, quartz countertops, a professional Thermador range, oversized apron front farmhouse sink with statement gold faucet, and beautiful blue turquoise subway tile that adds just the right touch of color. The main home offers three bedrooms with custom window coverings and a beautifully remodeled bath finished with soft oyster toned subway tile and an updated tub and shower. Central air conditioning adds year round comfort. Outside is where this property truly surprises. Set on an expansive lot, the enormous grassy backyard feels more like a private park. A gazebo with outdoor seating creates a natural gathering place for entertaining, while a large hardscaped patio offers additional space for outdoor dining. A huge detached, finished garage provides incredible flexibility for a studio, creative space, gym or additional workspace. At the rear of the property, a fully permitted, separate one bedroom, one bath ADU offers exceptional income potential and additional flexibility for guests, extended family or a private home office. An oversized parking pad adjacent to the ADU provides convenient off street parking with enough space to accommodate an RV. Wood and metal gates add privacy and complete the home’s clean, modern aesthetic. Thoughtfully remodeled, beautifully styled and offering the rare combination of a turnkey home, expansive outdoor space, flexible parking and a permitted income producing ADU, this is a special opportunity in one of Bixby’s desirable neighborhoods.

4333 Maury Ave, Long Beach

$1,435,000

PW26195658 MLS ⋅ Active Status

Located in the highly sought-after Los Cerritos area of Long Beach, this exceptional property features two well-maintained homes on a spacious lot with beautifully landscaped grounds. The front house offers approximately 2,000 square feet of living space with 3 bedrooms and 2.5 bathrooms. It includes a freshly painted interior and new flooring, an oversized attached two-car garage, and a large driveway providing ample parking. The separate rear unit is approximately 1,260 square feet and features 3 bedrooms and 2 bathrooms, along with a private rooftop deck perfect for relaxing or entertaining. This unit also includes a detached two-car garage, which offers excellent potential to be converted into an additional ADU. All of this sits on a generous 9,163-square-foot flat lot, offering flexibility, privacy, and investment potential. A truly unique property and a must-see.

3622 Pacific, Long Beach

$999,000

PW26192707 MLS ⋅ Active Status

Positioned along a high-visibility stretch of Long Beach Boulevard between Bixby Knolls and California Heights, 3937 Long Beach Boulevard presents a versatile mixed-use investment opportunity with three separate units and multiple income and occupancy possibilities. The property consists of three units: a spacious upstairs 2-bedroom, 2-bath residential unit, a ground-level 1-bedroom, 1-bath unit with two separate front entrances, and a ground-level 1-bedroom, 1-bath unit with a private side entrance. Units A and B are currently occupied by long-term residential tenants, providing immediate rental income, while Unit C will be delivered vacant, offering the new owner flexibility for future use. The property's Community Commercial Auto-Oriented (LBCCA) zoning provides a range of potential commercial and residential opportunities, subject to City approval and verification. The vacant ground-floor Unit C offers an especially compelling opportunity for an owner-user, professional office, creative studio, personal-service business, or other permitted use, while also retaining the option to use the space as a residential rental. Located directly on Long Beach Boulevard, the property benefits from excellent visibility and convenient access to major transportation corridors, including the 405 and 710 freeways, as well as Long Beach Airport. Its location places it within close proximity to the established businesses, restaurants, and community amenities of Bixby Knolls and California Heights. For an investor, owner-user, or entrepreneur seeking a property with existing residential income, flexible unit configuration, commercial exposure, and future upside, 3937 Long Beach Boulevard offers a rare opportunity in one of Long Beach's established commercial corridors.

3937 Long Beach, Long Beach

$1,410,000

IG26186866 MLS ⋅ Active Status

Nestled within the highly desirable Historic California Heights neighborhood, this charming duplex combines spacious living, flexibility, and exceptional investment potential. This duplex offers a rare combination of versatility, comfortable living space, and investment potential. With two units residences, three garage spaces, individual laundry hookups, and generously sized interiors, the property is equally appealing as an income-producing investment or an opportunity to live in one unit while renting the other. The property includes a two-car detached garage serving the front residence and a separate one-car detached garage for the rear residence, providing valuable off-street parking and additional functionality. The rear residence at 3633 features two bedrooms and two bathrooms, complemented by a spacious living room and dedicated dining area. At the heart of the home is a large eat-in kitchen with tile countertops, pantry storage, and an adjacent laundry area with hookups. Both bedrooms feature walk-in closets and ceiling fans. The front residence also offers two bedrooms, each with a walk-in closet and ceiling fan, along with 1.5 bathrooms. Its comfortable floor plan includes a large living room, dining space, kitchen with tile countertops, and conveniently located laundry hookups just beyond the kitchen. Located in one of Long Beach’s most recognizable historic neighborhoods, this property offers the flexibility to generate rental income, accommodate extended family, or create an owner-occupied investment strategy while enjoying the charm and character of California Heights.

3633 Lime, Long Beach

$950,000

PV26176518 MLS ⋅ Active Under Contract Status

This two-unit income property is located in the sought-after Bixby Knolls / Los Cerritos area in Long Beach. It is in the beautifully landscaped Country Club Village, which features a sparkling pool. Each spacious unit offers 2 bedrooms and 2 bathrooms. Both unit features an en-suite bath. Each unit has an in-unit washer and dryer hook up, plus separate electric and gas meters. There is a fireplace in the living room. The open-plan kitchen has granite countertops, newer cabinets and stainless steel appliances. It offers convenient access to 405 and 710 freeways. And close to shopping and dining

200 W 37th, Long Beach

$950,000

PW26053430 MLS ⋅ Active Status

This is a mixed use property consisting of a 2 bedroom, 2 bath Classic Spanish single family home with gorgeous Shiplap mantle and electric fireplace in living room. Kitchen has a newer large stainless farm sink & newer LG stove/range and new LG dishwasher and a new just remodeled hall bath with custom tile and a TOTO Drake Toilet an Washlet Bidet, an attached one car garage and private rear yard area. House features a new 200 AMP panel, and a 50 AMP generator hookup for backup. 240V electrical circuit installed @original W/D hook ups in kitchen. In addition, there are 3 commercial spaces, and an amazing loft space and large exterior storage garage. This is a unique opportunity to own a property with this configuration. Currently 1) Front small business space (currently a Hawaiian Shaved Ice Shop)with access from Wardlow 2) Larger/spacious space, access from Wardlow, features a new built-in counter/storage with double sinks and a beautiful remodeled bathroom and 3) Rear space with loft area, (currently a Brow Salon) with a remodeled .75 bath and access from Walnut, also has a storage space. Multiple ways to configure for rental and/or use. All new exterior paint and interior paint in the commercial space. New main plumbing line on the commercial side. Roof re-coat recently completed. Hardwired security cameras. Hard wired Cat6 Ethernet ports installed in home and much more.

1540 E Wardlow, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Bixby, Bixby Knolls, Los Cerritos (6) Homes with Residential Income Property Type

Newest Bixby, Bixby Knolls, Los Cerritos (6) Homes with Residential Income Property Type

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